估值2900亿，让王兴兴紧张

Core Viewpoint - Figure AI, founded in 2022, has rapidly gained attention and a valuation close to $40 billion, sparking debates about its potential as a transformative force in robotics or merely a speculative bubble in technology [2][4][19] Company Background - Figure AI was founded by Brett Adcock, who has a history of successful startups, including a recruitment platform and an electric aircraft company [4] - Adcock's vision for Figure AI is to integrate AI systems into the physical world through humanoid robots, with the first product, Figure01, launched in October 2023 [5][6] Product Development - Figure01 was designed to facilitate AI interaction with the physical world, despite initial hardware issues [5] - The second product, Figure02, launched in August 2024, features significant upgrades and a self-developed control model called Helix, which integrates visual, language, and motion capabilities [6][19] Commercialization Challenges - Figure AI's partnership with BMW has faced scrutiny, with reports questioning the extent and nature of the collaboration [8][10] - The company has been labeled as a "demo company," raising concerns about its actual commercial viability and the simplicity of tasks performed by its robots [10][19] Market Perception and Investment - The rapid rise in Figure AI's valuation reflects a broader trend of investor enthusiasm for humanoid robotics, but skepticism remains regarding the technology's maturity and commercial pathways [12][19] - Industry experts express concerns about the disconnect between technological advancements and capital expectations, highlighting the need for practical applications and economic value [19][20] Future Outlook - The success of Figure AI will depend on its ability to demonstrate that humanoid robots can effectively address labor shortages and aging populations, ultimately determining whether it becomes a leader in the field or a cautionary tale of overvaluation [20]